Herefordshire toll bridge business for sale

Mon, 03 Aug 2015 | BUSINESS SALE

An unusual business for sale opportunity has arisen in Herefordshire with the sale of the toll bridge at Whitney-on-Wye.

The bridge was built in 1797 and has been operating under an Act of Parliament that exempts the income made on the toll from tax. It is listed as for sale for £850,000 and includes around two acres of land as well as the bridge and associated business.

Grahame Penny and Maggie Taylor are the current owners but they are selling the business and their cottage after building up the business for three and a half years. They have said that their reason for selling is that they would like to take a holiday.

Ms Taylor commented: “We bought the business when it was struggling during the downturn and have been working 24/7 to build it back up.

“We regard ourselves as custodians of an ancient monument rather than owners, and have concentrated our efforts on the land around the toll bridge to create year-round support to keep the business going.”

She added that the pair have done “all the hard graft” developing the business and are ready to hand it over to a new owner.

The bridge is one of just eight privately-owned toll bridges in the country exempt from tax, making it an unusual and potentially very profitable business.


View other businesses for sale.


Share this article



Latest Businesses for Sale

Bangladeshi Restaurant
London, UK

This is a brilliant opportunity for an interested buyer to acquiring a thriving Bangladeshi restaurant in a thriving area of London. Longstanding staff. Takeaway and app. Rental income from above flat. Alcohol licence. Busy, affluent area. Offers inv...

Asking Price: £160,000
Turnover: £363,000

LEASEHOLD


Bathroom & Plumbing Supplies
Northamptonshire, UK Wide

Having been established since 1982, this bathroom and plumbing supplies business has grown under the ownership of our clients since it was purchased in 2007. This business boasts an envious reputation and a very strong repeat trade business, it is sa...

Asking Price: £1,100,000
Turnover: £1,146,075

Beauty Salon
London, UK

A uniquely designed and branded beauty business opportunity offering both male and female ‘Sprucing and Beautification’ services. The business opened its doors 5 years ago and due to the time required by our client on his other business interests is...

Asking Price: £180,000
Turnover: £300,000

LEASEHOLD



View more businesses for sale

News Search

Latest News

 
05
 
Jun
 

Azzurri Group exploring options for sale | BUSINESS SALE

Azzurri Group has engaged advisers to explore a potential sa...

 
04
 
Jun
 

Frankie & Benny’s owner to permanently close 120 restaurants | BUSINESS NEWS

The Restaurant Group, which owns chains including Frankie & ...

 
03
 
Jun
 

28 Oddbins stores saved after acquisition by unnamed buyer | BUSINESS SALE

28 Oddbins stores will remain open after the off-licence ret...

Free guide: 10 Biggest Buyer Mistakes

Sign up to receive our acquisition alert emails to get your FREE guide

Email


Related News

 
05
 
Jun
 

Azzurri Group exploring options for sale | BUSINESS SALE

Azzurri Group has engaged advisers to explore a potential sa...

 
04
 
Jun
 

Frankie & Benny’s owner to permanently close 120 restaurants | BUSINESS NEWS

The Restaurant Group, which owns chains including Frankie & ...

 
03
 
Jun
 

28 Oddbins stores saved after acquisition by unnamed buyer | BUSINESS SALE

28 Oddbins stores will remain open after the off-licence ret...

Want access to the latest businesses for sale?

Business Sale Report is your complete solution to finding great acquisition opportunities.

Join today to receive:

  • Comprehensive range of businesses for sale
  • Make direct contact with business sellers or their intermediaries
  • Access to all UK administrations, liquidations and winding-up petitions
  • Daily email alerts for the latest businesses for sale & distressed notifications
  • Business Sale Report publication posted to you every month
  • Advertise your acquisition requirements on our "business wanted" section

All this and much more, including the latest M&A news and exclusive resources